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- Accounting & Tax
What is GetGround’s accounting policy?
GetGround companies will adopt accounting policies based on the requirements of Section 1A of FRS102, the Financial Reporting Standard applicable in the UK and Republic of Ireland (as amended from time to time). Section 1A specifically relates to Small Entities. In the unlikely event that an SPV does not qualify as a Small Entity, it will adopt FRS102.
Within the accounting requirements set out in Section 1A of FRS102, the SPVs will also apply some specific practices which we set out in the full policy. For a copy of this please email gethelp@getground.co.uk.